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Mamdani’s latest whopper turns the truth about socialism on its head

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Mayor Zohran Mamdani is bragging that the budget he just pushed through proves socialists understand the economy as well as capitalists, and that, indeed, they’re cleaning up the capitalists’ mess.

What utter bull. He’s proved nothing about socialism as an economic boon, and his spending plan actually makes the city’s fiscal mess worse.

No matter: The mayor pretends he’s an ultra-competent manager, a wizard of municipal finance and a dedicated socialist who’ll make New York affordable and “equitable.”

“If these past months have shown us anything,” he burbled, “it is that socialists not only understand economics just as well as the capitalists who came before, but that we can solve their years of mismanagement through an embrace of our principles.”

Get a grip, Mr. Mayor. None of that tracks with reality.

First of all, there’s nothing........

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